BOOKKEEPING & ACCOUNTING SERVICES
Meaningful, well-organized financial records ensure that your business operations will run more efficiently on a daily basis and are the foundation of a successful business. It may not be the most exciting thing in the world, but it is critical, and we actually enjoy the process. Our qualified staff can assist you with the day-to-day tasks associated with bookkeeping.
BUSINESS ENTITY SELECTION
Decisions, decisions. Choosing the form of entity of your business (e.g. “S” corporation, Sole proprietor, Limited Liability Company, etc.) is more than just acronyms. It’s a crucial decision that can have longstanding tax implications, positive or negative. We can assist you in evaluating the pros and cons of each entity type to help you determine the most advantageous form of business for your company.
BUSINESS MANAGEMENT / CFO SERVICES
Small businesses, entertainment industry professionals both behind and in front of the camera, athletes and high net worth individuals have multifaceted financial and personal needs requiring high technical expertise and informed timely reporting. So many unique situations. We provide solutions for businesses and individuals of all sizes and in a wide range of industries. We take an active role in learning about our client's needs, structure, and internal processes. Our professionals also have experience assisting clients with comprehensive evaluations of their accounting systems and setting up new systems, allowing us to provide systems tailored to their needs. With a highly personal touch and focus, this is an area that we truly pride ourselves on. And we will do EVERYTHING:
- Day-to-day check writing and cash management
- Assistance in the formation of corporations, partnerships and other entities
- Manage banking relationships
- File all annual business reporting with city and state
- Provide compensation and benefit planning
- Provide personal bill paying, check writing and wire transfers
- Provide tax return filings and compiled (cash and accrual in accordance with GAAP) financial statements
- Handle confidential information
- Payroll processing and reporting services
- Provide monthly bank reconciliation statements for management
- Provide budgets and cash flows as required
In addition, where clients handle their own day-to-day bookkeeping, we can help with the end of the year close out and adjustments. If required, we will help with recruiting.
BUSINESS SUCCESSION PLANNING
Transitions matter, and so effective coordination of the transition of your business to your successors is critical to ensure its continued success once you decide to remove yourself from the company’s day-to-day operations. With a solid background in tax and other financial matters, we are fully qualified to address the complex issues of business continuation and can assist you in developing a strategically sound plan with smooth strategically sound plan with smooth transitional effectiveness.
Business Valuations are necessary for many reasons: Buy/Sell agreements, mergers, divorce, litigation and estate planning. For many of our clients who need to know the factors which influence the economic value, having a trained, certified professional readily available to speak with is an invaluable resource. Whether you are thinking of buying a new business or in the midst of a difficult divorce, the amount attached to the value of your business is important. We can provide useful and objective analysis to assist you in the valuation of any business in which you have an interest. These matters can be complicated and even painful, and we pride ourselves in the personal touches and care we take no matter what kind of pressure you might be experiencing.
We get it done over here as well as over there. Our experience with the taxation of U.S. residents working abroad and foreign citizens working in the U.S. has provided us with an extensive base of knowledge in the area of international taxation. We handle in-bound and out-bound transactions with regards to the U.S. and are thus able to advise regarding taxation and other reporting requirements, which are becoming more and more complex.
As a business grows, it must hire more employees, which can result in increased payroll administration. We can assist you in implementing the controls necessary to ensure a reliable, efficient, and effective payroll system. Our firm can also help you develop a payroll system and prepare all necessary payroll tax returns in a timely manner. See, we truly do everything!
REPRESENTATION & TAX EXAMINATION / COLLECTIONS / MITIGATION
During our years of experience dealing with many taxing authorities, we have achieved a level of competence that can ensure our clients they are being properly represented before the various federal and state tax agencies. And this is really when you need an expert by your side.
SALES / USE TAX SERVICES
Many of our clients are responsible for collecting and submitting sales taxes in many different jurisdictions. We can assist your company in the compilation of information and preparation of sales tax returns in an efficient and timely manner. Additionally, as commerce on the web grows exponentially, states are endeavoring to enforce and collect sales and use taxes. We are able to advice and guide clients through the complex rules applicable to multi-state commerce. In fact, we can make it even simple for you.
Tax planning is an essential element of the tax preparation process. By making tax planning part of your overall business strategy, you can use our experience and access to the most current new developments in the tax laws to minimize both your current and future tax liabilities.
Our significant investment in computerized tax preparation and research software enables us to accurately and efficiently prepare returns for various types of entities including individuals, corporations, partnerships, trusts, estates and not-for-profit organizations. It’s high tech expertise with a low tech, personal touch.